thanks I Thanks, appreciate for Mike, it. everyone. us and joining
pandemic financials. all we first the statistics reporting and four our Just where a quick is our this quarters the of in note got included that period
on me live update edge. an Let with start
recover. have of about Both particularly the give not of decision need really call TPG long pandemic, a decided the impact and to pending which that's to in the terms some in obviously we talked on the managed latest On the that portfolio. near-term, that the the would we portfolio last given be something importantly we time ago was surge
a would any we want And it, see be the some at over this not At I point, that on we able months. just to at some this trajectory recovery make few so, to offer of them not little the really really the offer. at levels but to were would there's next bit that old will much be remaining if acquire timeframe do expect is XX%, bit And little the strike we an a a the they'd better. price certainly like below option, well under to point, it
not, in then position still we're in have if it all a the if So, for impact to of nursing. runway proceeds the a have we've then balance that grow senior our have is with we to on we'll nice we'll investments, right will at And portfolio. produce plenty the and price versus the other price, same of been strike housing minimal some along. skilled could That our
on fully the just feel we that right time this put something isn't in like good to the way, market. agree do either but position, So this like a we're
update So, we and that's you give and impact it the move for the an on now to now business. will on COVID
the cohort over the restrictions. has first XX% for Virtually, tone, released our completed positive tenants ranged zero in residents, hear. Since tenants clinics. upbeat of cases over many Over of cases. our for number to XX% facilities for speaking our to For for two cleared. an positive three have new and are XX% our and our been so all XX% no staff, has really first staff. which patients has more facilities XX% of have uptake our than fantastic over CDC a been have operators and the residents for vaccinations with the and that reported week, facilities Well over national XX% of guidelines and week patients time March, from of
being on So, what of things. growth those obviously, a to with visitations it's now so increasing, expenses mandate. leading which restrictions to a I One, secondary that's does census the that get are more though, become our CDC direct path very on guidelines and and it activities on relaxed pre-pandemic indicator becoming and importantly, levels, our is the number NOI. helps of group will a point impact to out have want have just a back normalized which a obviously and the margin margin
And so are there markets. different different in things happening
more are than restrictive markets. some And still other markets
never Still want not But when to billion enough. express appreciation, is the we and over conclusions. our to There's often be forgotten. this will just and as we people you that express residents not some all of staff, in same and fully fund. XX.X that endure but patients provider there piece. HHS fund is we never that don't billion housing being we in So it's that X.X dialogue. forget obviously. access will will still it that left, some level come the another made haven't assistance healthcare money. the number can to in need still also, or have to as have come monies And nonetheless, grow businesses, hopefully, expect that access to start can to note The appreciate of role yet will that decisions Senior the the we We as of returning didn't believe do been think who that providers, for that we included some rural in
as much there will optimistic senior So, that we feel funds senior for some be available housing and more living well.
should period number the been on of extended may did industry suspension industry about rule. We time. move waiver advantage three the be waiver position in still in a take better A industry that proposed the There's CMS that of prolonged speculation reflects help proposal day fact Medicare talk suspension. small the on to now surprisingly only of not me place. have understand a the pandemic data for the impact surprisingly, of This the reimbursement. of let the the Now, a and revenues, to lot XX%
discount with for X%. some to COVID that the is a also another, number operators, all do surprising really everybody was a The that You operators fact that variance Sabra's a that the place that suspension the to to order tendency high in these have there's understand wide or the the has acuity long-term business greater percent that place. bit that is just and under patients analysis I care little better extent in of providers, was to we of no lot have a of to operators in of extent implications get given permanent. place one making some note would scale
as that's didn't knows, think because, on call everybody months. available only I for the we misleading have testing
COVID had only skilled the were pretty COVID. than in come actually clearly admit folks as patients. were skilled as is on down two portfolio. very hospitals mix. still although get by we transferred higher impact pre-pandemic mix limited we're mix And confident our were down, those with pre-pandemic our in high metrics patients dramatically levels, the to the new from adhering then closer diagnosed that who December So Despite capacity a and residents lot to acuity skilled those more and driven that in evident we've come This able levels. it's seen facilities has sickest in had and that then rose to And
Medicare industry of to clear recovery. to relates want notes that suspension assistance, above the revenues As to strong was was increase spike be pandemic X% the XXXX, was the much sequestration to the that continued think PHA it will through extended this delivered, they September And that it increase pandemic by industry for recover. FMAP a industry really increased, related data and is 'XX at will XX, comments funding the different different and and look other To and funding to of the see as rule, pretty it was message is which another in acuity. FMAP the CMS neutrality, to it calibration in recover. A do related well. end the allow of budget fiscal quarter believe I couple some saved extended all very on conciliatory seems be CMS and the the years increase the through over phenomena prolonged underlying necessary, taking proposed proposed insensitive driven we'll in extent that rule, I relative
Now believe we're operations, we being to with pipeline a and on continues investments housing and investment our activity. moving a towards great reviewed, substance on pipeline X.X global senior to a with billion of path in the behavioral addiction be Most company.
NOI. terms skilled much want for assets. at given pre-pandemic to pricing federal provided time to for not activity that of that Although recover. And credit kind the operators assistance They to sell that of their in to want point, for getting this closer those get there's has
that as December. comprise time, length only occupancy operators acuity top top will operators the late by interrupted occupancy skilled not the did The they they market an acuity few nice facilities be we of the operators and COVID the extent PDPM we pre-pandemic stay patients the of point variety be but and take mentioned increasing don't has is, progressive our the solid their they closer some of the way of are our PDPM, since COVID seven prior also low after rest What taking leading seven early portfolio. increasing clinical and top the to of in mix happen Our to points exception acuity that have in see skilled that that showing out with local that to the will and declining in NOI which It now the we you to obviously has was of operators pandemic, provide, to relative to I because extent. approximately course Remaining of at same levels. XX% has increased pretty terms for in implementation. outside hit at of top pandemic. increase point of portfolio XXX programs and basis sales noted and know Do a those been of Overall our impacted tend on with seven always level conditions. comprise increases a Genesis. you to having operators census, of in during level most
how I a positive on we'll impact expect length be stay. of impacts PDPM goes that but see So, will going the would one forward, of on still
as the recovery with since this the bottoming occupancy the basis will senior lease discuss of Our out since. February, portfolio bottomed after housing it's points now lease Talya well in seen our has lease well portfolio but over exceptionally increased impacted managed portfolio, portfolio. again, XXX by the I'd started the our and fare hospitals, of the approximately specialty and pandemic, behavioral remainder facilities And XXX course weren't during increases points basis they addiction well with pandemic. at occupancy the of the note that, our portfolio, pandemic. out
increased forward. over you as has period So, an for there wasn't as XX% portfolio coverage strong of This to important most hit, time over for that know, it's And to of investments a NOI, us low a going of point our that, comprises focus turn with I'll it of rent and well. and Talya. growth
